SEC & FSA

From the article on the Asset Management Conference it will be seen that one way non EU domiciled funds could be marketed under any AIFM Directive would be where the third country has entered into an information sharing agreement with the EU.

It was therefore interesting to note that on the same day it was announced that the SEC and the FSA have agreed to commit to working with each other to identify a common set of data to be collected from hedge fund managers located in the respective jurisdictions.